Thames Water Pushes Deadline on £3.3 Billion Equity Raise [Yahoo! Finance Canada]
KKR & Co. Inc. (KKR)
Last kkr & co. inc. earnings: 1/31 06:50 am
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Investors originally had to submit indicative, non-binding bids on Nov. 28, but that has now been extended by a week to Dec. 5, according to two people familiar with the process, who asked not to be identified discussing confidential matters. The utility last week demanded further details on how any investor plans to improve performance, one of the people said. The UK's largest water and sewage operator only has enough money to last until early next year and is desperately trying to find investors to inject at least £3.3 billion ($4.2 billion) in equity over the next five years to curb chronic leaks, sewage spills, tackle climate change and a growing population. A representative for Thames declined to comment. Thames, like all water companies in England and Wales, is also awaiting a crucial ruling from regulator Ofwat on Dec. 19 on its next five-year business plan. That decision will outline an allowed return on equity for investors and how much Tha
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KKR
Earnings
- 10/25/24 - Miss
KKR
Sec Filings
- 11/12/24 - Form SC
- 11/5/24 - Form 10-Q
- 11/4/24 - Form SC
- KKR's page on the SEC website